---
schema_version: "secwatch.filing_event.v1"
accession: "0001559865-23-000021"
form_type: "8-K"
ticker: "EVTC"
cik: "0001559865"
company_name: "EVERTEC, Inc."
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T12:48:13.218860+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# EVERTEC Q1 revenue up 6% to $159.8M, raises full-year guidance

## Summary
- GAAP net income $30.1M ($0.46/diluted share), down 23% YoY; adjusted EPS $0.69, up 5%.
- Adjusted EBITDA $67.1M, down 8%; margin 42.0%, down 640 bps.
- Full-year 2023 revenue guidance raised to $644-652M (from $638-647M); adjusted EPS guidance raised to $2.59-2.68.
- Share repurchases totaled $6.3M in Q1; $72M remaining under program.
- Revenue growth driven by merchant acquiring and payment processing in Puerto Rico and LATAM.

## SEC filing metadata
- accession: 0001559865-23-000021
- form_type: 8-K
- ticker: EVTC
- cik: 0001559865
- company_name: EVERTEC, Inc.
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1559865/000155986523000021/0001559865-23-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1559865/000155986523000021/evtc-20230426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001559865-23-000021
- JSON: https://secwatch.observer/filing/0001559865-23-000021.json
- Plain text: https://secwatch.observer/filing/0001559865-23-000021.txt

## Key facts
- Earnings Releases
  EVERTEC, Inc. reported the first quarter ended March 31, 2023 results: revenue $159.8 million, net income $30.1 million, EPS $0.46 per diluted share. Guidance raised.
  - Period: the first quarter ended March 31, 2023
  - Revenue: $159.8 million
  - Net income: $30.1 million
  - EPS: $0.46 per diluted share
  - Guidance: raised
  - Result: preliminary results
  source text: EVERTEC, Inc. (NYSE: EVTC) (“Evertec”, the “Company”, “we” or “our”) today announced results for the first quarter ended March 31, 2023. First Quarter 2023 Highlights • Revenue increased 6% to $159.8 million • GAAP Net Income attributable to common shareholders decreased 23% to $30.1 million and decreased 13% to $0.46 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1559865/000155986523000021/0001559865-23-000021-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.